RVE Electronics: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RVE Electronics
Largest movements
- Cash +€28,553
up €28,553 (+53.8%), from €53,101 to €81,654
mainly Receivables within one year (+€17,111) and Net result for the year (+€14,334)
- Receivables within one year -€17,111
down €17,111 (-44.9%), from €38,101 to €20,990
of which Trade receivables: -€17,667
- Tangible fixed assets -€9,486
down €9,486 (-25.2%), from €37,590 to €28,104
of which Furniture and vehicles: -€8,756
- Reserves +€14,334
up €14,334 (+23.5%), from €60,917 to €75,251
of which Distributable reserves: +€14,334
- Debts after one year -€8,228
down €8,228 (-39.8%), from €20,649 to €12,420
- Trade debts -€6,858
down €6,858 (-42.9%), from €15,993 to €9,134
- Tax, wage and social debts +€3,747
up €3,747 (+24.7%), from €15,159 to €18,906
of which Taxes: +€4,147
- Gross operating margin -€25,638
down €25,638 (-40.5%), from €63,304 to €37,666
- Taxes -€8,857
down €8,857 (-48.5%), from €18,247 to €9,390
- Depreciation +€805
up €805 (+8.2%), from €9,784 to €10,589
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,741 | €138,172 | +€3,431 | +2.5% |
| Fixed assets | 21/28 | €37,590 | €28,104 | -€9,486 | -25.2% |
| Tangible fixed assets | 22/27 | €37,590 | €28,104 | -€9,486 | -25.2% |
| Plant, machinery and equipment | 23 | €79 | €0 | -€79 | -100.0% |
| Furniture and vehicles | 24 | €30,993 | €22,238 | -€8,756 | -28.3% |
| Other tangible fixed assets | 26 | €6,518 | €5,867 | -€651 | -10.0% |
| Current assets | 29/58 | €97,151 | €110,067 | +€12,917 | +13.3% |
| Stocks and contracts in progress | 3 | €1,972 | €3,238 | +€1,266 | +64.2% |
| Stocks | 30/36 | €1,972 | €3,238 | +€1,266 | +64.2% |
| Amounts receivable within one year | 40/41 | €38,101 | €20,990 | -€17,111 | -44.9% |
| Trade receivables | 40 | €37,944 | €20,278 | -€17,667 | -46.6% |
| Other amounts receivable | 41 | €157 | €713 | +€556 | +355.1% |
| Cash at bank and in hand | 54/58 | €53,101 | €81,654 | +€28,553 | +53.8% |
| Deferred charges and accrued income | 490/1 | €3,977 | €4,185 | +€208 | +5.2% |
| Total equity and liabilities | 10/49 | €134,741 | €138,172 | +€3,431 | +2.5% |
| Equity | 10/15 | €67,117 | €81,451 | +€14,334 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,917 | €75,251 | +€14,334 | +23.5% |
| Tax-exempt reserves | 132 | €121 | €121 | = | 0.0% |
| Distributable reserves | 133 | €60,797 | €75,131 | +€14,334 | +23.6% |
| Amounts payable | 17/49 | €67,623 | €56,720 | -€10,903 | -16.1% |
| Amounts payable after more than one year | 17 | €20,649 | €12,420 | -€8,228 | -39.8% |
| Financial debts | 170/4 | €20,649 | €12,420 | -€8,228 | -39.8% |
| Amounts payable within one year | 42/48 | €46,975 | €44,300 | -€2,675 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €7,808 | €8,228 | +€420 | +5.4% |
| Financial debts | 43 | €188 | €1,289 | +€1,102 | +587.0% |
| Credit institutions | 430/8 | €188 | €1,289 | +€1,102 | +587.0% |
| Trade debts | 44 | €15,993 | €9,134 | -€6,858 | -42.9% |
| Suppliers | 440/4 | €15,993 | €9,134 | -€6,858 | -42.9% |
| Taxes, remuneration and social security | 45 | €15,159 | €18,906 | +€3,747 | +24.7% |
| Taxes | 450/3 | €12,359 | €16,506 | +€4,147 | +33.6% |
| Remuneration and social security | 454/9 | €2,800 | €2,400 | -€400 | -14.3% |
| Other amounts payable | 47/48 | €7,827 | €6,742 | -€1,085 | -13.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,784 | €10,589 | +€805 | +8.2% |
| Other operating charges | 640/8 | €1,122 | €1,347 | +€225 | +20.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €63,304 | €37,666 | -€25,638 | -40.5% |
| Operating profit (loss) | 9901 | €52,398 | €25,730 | -€26,668 | -50.9% |
| Financial income | 75/76B | €17 | €7 | -€10 | -59.9% |
| Recurring financial income | 75 | €17 | €7 | -€10 | -59.9% |
| Financial charges | 65/66B | €2,593 | €2,012 | -€580 | -22.4% |
| Recurring financial charges | 65 | €2,593 | €2,012 | -€580 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €49,822 | €23,724 | -€26,098 | -52.4% |
| Income taxes | 67/77 | €18,247 | €9,390 | -€8,857 | -48.5% |
| Profit (loss) for the period | 9904 | €31,574 | €14,334 | -€17,240 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,574 | €14,334 | -€17,240 | -54.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.